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MCX Commodity Support & Resistance

MCX Commodity Support & Resistance

MCX Trading as per Support and Resistance Levels is also quite helpful for daily commerce in mcx commodities.

Resistance is termed because the level wherever the artefact usually gets some opposite force before it will go more up.
trading Support is that the level wherever a stock get shopping for interest before it will fall more.
Under the traditional MCX Market conditions or within the absence of some extraordinarily panic news the support and therefore the resistance levels will act nearly as good levels for initiating the buying and selling.
In general, it’s suggested to shop for the stock at support levels and sell at resistance levels.
In Intraday, there square measure few support and resistance levels called  1 Support , 2 Support , 1 Resistance , 2 Resistance , etc.

Intraday MCX Crude Oil & MCX Natural Gas  Support and Pivot Level.

Date : 06-06-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29096 29146 29221 29271 29346
MCX Silver 39764 40103 40355 40694 40946
MCX Crude Oil 2968 3011 3064 3107 3160
MCX Natural Gas 186.53 189.97 193.03 196.47 199.53
MCX Copper 359.7 361.9 364 366.2 368.3
MCX Nickel 566 568.7 572.9 575.6 579.8
MCX Lead 133.37 134.33 135.07 136.03 136.77
MCX Zinc 157.07 158.68 160.92 162.53 164.77
MCX Aluminium 120.88 121.52 122.73 123.37 124.58

Follow disclaimer : http://www.crudeoperator.com/disclaimer


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MCX Gold News Update

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AS PER MCX CRUDE OIL OPERATOR GOLD UPDATE :

The Prices of MCX Refined MCX GOld was trading at Rs. 28350 down 0.12%,. THe Gold Prices tested a high at Rs. 28380, and a low of Rs. 28080 per gram.

Redined mcx gold will be facing resistance support at Rs. 28510 will support are at Rs. 28010 Future declines that look probable from here can take mcx gold towards Rs 28010 and 27510 as per grams.


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